Do you *really* think the short interest is still huge? Personally, I'll be amazed if it is. Let's be conservative and say you shorted at 10--it's not like you're doubling your money by shorting it to 5 instead of 6, all the while your risk is increasing rapidly as the price falls. From the monthly numbers it looks like most people shorted at much greater than 10, so the rewards for continuing to be short at such a low price don't seem to outwiegh the risks.
A few messages ago, mesaone said: >All that the shorts have done (and are doing) is delaying the >development of lifesaving medical technologies.
and in another message: >he doesn't care about science or medicine or doing anything to >help society
1) It's pretty much a strech to talk about Hextend as a "lifesaving medical technology". Why do you think they didn't need to do phase I & II? Though it may have some benenfit over existing colloids, it is so close to what is already out there that it's almost a me-too.
2)The counter argument to "all the shorts have done..." is that people who hyped BTIM, and it *was* unequivicably hyped, simply wanted to take investors for a ride by pumping and dumping the stock, thereby making money for themselves and in the process, keeping money away from truly deserving biotech companies.
My points are twofold: first, the helping socielty argument is just plain unfounded. Second, I don't think you'll have the shorts to kick around much longer. :) (well, ok, that is unless the stock price hits unjustified high levels again)
to actually make a statement about your opinions here.. wow!!! first of all.. when i say lifesaving medical technology i am not specifically referring to hextend. i am referring to the fact that by driving the price down, the company could be a bit delayed in their other products. when i said, lifesaving technology, i was also referring to trauma and surgical patients who could benefit from the (Yes** dare she say it*** superior performance ( coagulation) of Hextend over what is currently available, and from ringers..ecetera. ecetera ecetera... (I am sure show will jump in at any moment).. not open for debate, steve... IMO. a_1, time will tell. your points are pretty much unfounded as well.. or, perhaps, just founded in your mind. re: hyping, pumping and dumping... conjecture. people know and knew that this was a good company and wanted to buy in. it wasn't until the life sucking ,scum sucking pigs like asensio who only wan to make money and the other Profits of doom... jumped in and decided to (yes, here you are right.. ) target a truly deserving biotech company. I agree,, the shorts are soon to be gone. I hope they not only perish, but get caught in some magnificent short squeeze.. pain, which will seem like a day in the park with the marquis de sade...
I'm encouraging people to promote BTIM again. I really hope the stock price goes up. I've expressed everything I wanted to say, and it's archived on my website. Now, I'm sitting back and enjoying the drama.